Canada Post postage rate increase in 2020
Canada Post announced an increase to postal rates that will come into effect on January 13, 2020.
- The government is committed to providing high-quality postal services to Canadians at a reasonable price
- Canada Post announced an increase to postal rates starting in January 2020. The price of a domestic stamp will increase by 2 cents
- Canada Post expects the increase to cost Canadians an additional $0.26 a year and about $6 a year for the typical small business
Canada Post is proposing to increase postage rates in 2020 by two cents for domestic letter mail items of 30 grams or less. For stamps purchased in a booklet, coil or pane, the rate would become $0.92 per stamp, up from the current rate of $0.90. Buying a single domestic stamp for the same item would cost $1.07, up from the current rate of $1.05.
These rate changes take effect on January 13, 2020. While usage varies, the estimated impact of the rate increases on the average Canadian household would be well under a dollar a year, and the total increase for small businesses that use stamps would be estimated at about $6 a year.
The rate proposals were published for public comment in Part I of the Canada Gazette on June 15, 2019.
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